Business
Commissioner Blasts FG Over Eleme Road …Condemns N250m Largese To Traders
The Federal Govern
ment has been called to pay more attention to the deplorable state of Refinery Road in Eleme and other structures than to ridicule its self by building markets in Rivers State.
The Rivers State Commissioner for Lands and Survey, Barr Ezemonye Ezekiel-Amadi made the call last week while reacting to the N250 million largesse of the Federal Government to Mile I traders in Port Harcourt.
He said it was worrisome to note that the Federal Government under the leadership of President Goodluck Jonathan is now more interested in rebuilding markets than thinking of how best to move the nation forward.
Ezekiel-Amadi, recalled that there are sundry infrastructure in the state that the present Federal administration ought to look into, adding that Abuja should own up to its responsibilities.
According to him, it was regrettable to note that such prized roads as the PH Refinery road which is a major source of revenue was under a terrible condition.
He said he would not be surprised if the Federal Government also starts a market project at Rukpokwu and other areas of the state.
He was of the view that the Federal Government should brighten its corner first, before fixing the lapses of other areas.
Meanwhile, the Chairman of the Rumuwoji Mile One Market Association (ROMTA), Mr Kenneth Eze, has said that they are yet to receive the N250 million as promised by the Federal Government.
He said the largess was to cushion the effect of the loss the trades suffered on December 17th last year, due to the inferno that occurred in the market.
Also speaking, the mayor of Port Harcourt City Council, Mr Nnamdi Wudu, lamented over the attempt of the Federal Government to take over local Governments job.
He pointed out that market management was the sole duty of the local authority, while calling on the Federal government to look elsewhere to execute such projects.
Wuche, also informed that the State Government has mobilised a contractor to complete the remaining phase of the mile one market.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports3 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports3 days agoAFCON: Lookman gives Nigeria third place
-
Sports3 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports3 days agoMan of The Match award Excites Nwabali
-
Sports3 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports3 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta3 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
